$BTC BTC STH SOPR Signals a Critical
Stress Point
The latest move in STH SOPR is showing a sharp drop into deep loss territory at the same moment price sits right on top of the STH Realized Price. This confirms that short term holders are capitulating and absorbing losses with little resistance.
The chart highlights a repeating pattern.
Every major flush in STH SOPR similar to July 2024 and the current moment has aligned with market stress episodes where liquidity becomes thin and volatility accelerates. Price is now drifting slightly below the STH cost basis while loss making transactions increase which reveals that short term confidence is fading quickly.This creates a compression phase where selling pressure and weakening profitability collide. When STH SOPR stays pinned under 1 while price cannot reclaim its realized level it often precedes a larger directional move. The market is holding a fragile equilibrium and any shift in liquidity could trigger the next expansion in volatility.
More signals here:
CryptoZInsights
Price
#BinanceHODLerBREV Analysis
